Author: DailyNaijaNews

Minister of the Federal Capital Territory (FCT), Nyesom Wike, has dismissed claims of factional divisions within the Peoples Democratic Party (PDP), insisting the party remains united ahead of its forthcoming convention. Wike spoke on Wednesday after inspecting ongoing projects across the FCT, where he rejected suggestions of existing “camps” within the party. Responding to inquiries about reconciliation efforts with opposing groups, the minister maintained that while individual disagreements are natural in politics, they do not equate to a split in the party’s structure. “I don’t know which camp you are talking about now. There is only one PDP. So it…

The Federal High Court in Abuja on Wednesday adjourned for the third time a suit filed by former Kaduna State Governor, Nasir El-Rufai, after ICPC agents searched his home in Abuja last month. The matter had previously stalled on 3 and 11 March due to different early-stage challenges and was rescheduled to today (Wednesday). However, the judge, Joyce Abdulmalik, again postponed the hearing on Wednesday after ICPC’s legal team requested a pause of the hearing to enable the lead lawyer for the agency to arrive from another court hearing. The setback would still have occurred even if ICPC was ready for hearing…

The National Youth Service Corps (NYSC) has relocated its orientation camps in several states, including Kwara and Kaduna, citing ongoing security threats and a commitment to protecting corps members. The move aligns with prior appeals from parents and education stakeholders who had raised concerns about placing graduates in high-risk rural areas. In a statement issued to media outlets, the NYSC noted that corps members posted to volatile regions “are provided with adequate protection, including military escorts.” The statement, which addressed a recent controversial article alleging negligence and fictitious “ransom clauses,” stressed that these claims were inaccurate and misrepresented the scheme’s…

The Central Bank of Nigeria has stated that Nigerian banks raised N4.61 trillion in fresh capital, with nearly 27 per cent from foreign investors, ahead of the recapitalisation deadline on 31 March. The development was disclosed on Tuesday by the CBN governor, Olayemi Cardoso, at the International Monetary Fund/Africa Regional Technical Assistant Centres (IMF/AFRITAC) West 2 high-level forum on financial sector regulation and supervision in Abuja. The apex bank earlier disclosed that Nigerian banks raised N4.05 trillion in recapitalisation funds by February. By early March, it reported that 30 of the 33 banks had met the minimum capital requirements through rights issues,…

The All Progressives Congress has confirmed that it plans to adopt a consensus approach for selecting its national leadership during the party’s convention scheduled for March 27–28, 2026, in Abuja. The Assistant Secretary for Media and Publicity for the APC National Convention 2026, Mary Ikoku, disclosed the plan during an interview on Channels Television’s Sunrise Daily on Wednesday. On the issue of elective positions during primaries, Ikoku said the party had not yet decided how these would be handled, noting that decisions may vary depending on local political dynamics. She explained, “APC, for this convention, I am aware and can…

The Lagos State Traffic Management Authority has confirmed the death of a dispatch rider after he was struck by a fully loaded HOWO diesel tanker (RBC 38 XF) under the Cele Bridge corridor of the Apapa–Oshodi Expressway. In a statement on Wednesday signed by Director of Public Affairs and Enlightenment, Adebayo Taofiq, LASTMA said security reports showed the tanker “violently rammed into the dispatch motorcycle, causing the rider to be trapped underneath the tanker,” and he “died instantly.” LASTMA personnel stationed along the route immediately cordoned off the crash site with cones and cautionary red tape to prevent secondary collisions…

Lenders Consult International Limited has stated that the company and its Managing Director/Chief Executive Officer, Dr. Shina Philips, did not divert funds meant for the organization of the Conference and Retreat for Senior Police Officers. The company stated this in response to a report published on March 3, 2026, by an online news platform that alleged funds intended for the organization of the Nigeria Police Conference and Retreat for Senior Police Officers had been diverted. The company described the allegation as false and said the report failed to include its own side of the story. According to the firm, it instituted and…

President Bola Tinubu has nominated a former Director-General of the Securities and Exchange Commission, Lamido Yuguda, as Deputy Governor of the Central Bank of Nigeria. The nomination, which is subject to confirmation by the Senate, was announced in a statement issued on Wednesday by the President’s Special Adviser on Information and Strategy, Bayo Onanuga. According to the statement, the appointment was made in line with Section 8(1) of the Central Bank of Nigeria Act, 2007. Onanuga said Yuguda’s nomination follows the recent appointment of the former CBN Deputy Governor, Bala Bello, as Special Adviser to the President on Political Economy.…

The Federal Government on Wednesday evening confirmed the receipt of a popular HIV prevention injection known as Lenacapavir. The development, approved by the Coordinating Minister of Health and Social Welfare, Ali Pate, and supported through the Global Fund, represents a major advancement in the country’s HIV prevention efforts and further strengthens Nigeria’s commitment to expanding innovative HIV prevention options. The introduction of Lenacapavir for pre-exposure prophylaxis marks a significant step toward broadening the range of prevention choices available to individuals at risk of HIV infection. As a long-acting injectable option, LEN PrEP has the potential to improve adherence and expand…

The Senate has approved the appointment of Taiwo Oyedele as a minister-designate under President Bola Tinubu’s administration. The Senate President, Senator Godswill Akpabio, announced the approval after lawmakers endorsed the nominee through a voice vote in the Committee of the Whole. Oyedele is expected to succeed Mrs Doris Uzoka-Anite as Minister of State for Finance. The confirmation of the outgoing chairman of the Presidential Committee on Fiscal Policy and Tax Reforms followed his screening by the lawmakers on Wednesday. Senators spent over two hours grilling the nominee before eventually confirming him as a minister-designate. In response to questions from lawmakers, Oyedele described his nomination as…